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3685 3rd Avenue

Los Angeles, CA 90018
  • $1,150,000
  • STATUS: SOLD
  • ON SITE: 395 Days
  • ID#: RS23083371
Sold - 10/27/2023
$1,150,000
SOLD - 10/27/2023
  • 4
    BEDS
  • 0.13
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,755
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1925
County:

School Ratings & Info

Description

Live in one and rent the other! This property offers a unique opportunity with a separate back unit situated above the garage, spanning approximately 400 sqft. The back unit features a full bathroom, a fully equipped kitchen, a cozy bedroom, and a comfortable living area. Currently, this unit generates a solid income of $3,000 per month with consistently low vacancy rates through Airbnb. The front unit, a charming Craftsman bungalow, boasts three bedrooms and two bathrooms. It underwent significant updates in 2018, resulting in a modern and stylish interior. Its authentic appeal is captured beautifully in the provided picture. Whether you choose to reside in the back unit and lease the front, or vice versa, the flexible layout of this property allows for versatile living arrangements. Both units are tastefully furnished and listed on Airbnb on a monthly basis, providing an additional stream of income. The property's electrical, plumbing, HVAC system, and water heater have been recently updated, ensuring a comfortable living environment. Furthermore, a new roof was installed in 2019, offering peace of mind to the new owner. Conveniently located, this property provides easy access to the 10 Freeway, Expo Line, Culver City, Downtown Los Angeles, and nearby beaches. You'll have the opportunity to embrace the charm of the West Adams/Jefferson Park neighborhood, witness ongoing development along Crenshaw, and be in close proximity to USC/Expo Park. The central location presents endless possibilities for entertainment, work, and leisure. Whether you're seeking a property where the Live in one and rent the other! This property offers a unique opportunity with a separate back unit situated above the garage, spanning approximately 400 sqft. The back unit features a full bathroom, a fully equipped kitchen, a cozy bedroom, and a comfortable living area. Currently, this unit generates a solid income of $3,000 per month with consistently low vacancy rates through Airbnb. The front unit, a charming Craftsman bungalow, boasts three bedrooms and two bathrooms. It underwent significant updates in 2018, resulting in a modern and stylish interior. Its authentic appeal is captured beautifully in the provided picture. Whether you choose to reside in the back unit and lease the front, or vice versa, the flexible layout of this property allows for versatile living arrangements. Both units are tastefully furnished and listed on Airbnb on a monthly basis, providing an additional stream of income. The property's electrical, plumbing, HVAC system, and water heater have been recently updated, ensuring a comfortable living environment. Furthermore, a new roof was installed in 2019, offering peace of mind to the new owner. Conveniently located, this property provides easy access to the 10 Freeway, Expo Line, Culver City, Downtown Los Angeles, and nearby beaches. You'll have the opportunity to embrace the charm of the West Adams/Jefferson Park neighborhood, witness ongoing development along Crenshaw, and be in close proximity to USC/Expo Park. The central location presents endless possibilities for entertainment, work, and leisure. Whether you're seeking a property where the back unit's rental income covers your mortgage payment or a home where you can enjoy the entire space with your family, this property offers the perfect solution. Don't miss out on this amazing opportunity!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.yourperfectpalace.com/homes/139575427
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3685 3rd Avenue Los Angeles, CA 90018

  • Price: $1,199,000
  • Status: SOLD
  • On Site: 395 Days
  • Updated: 75 min ago
  • ID#: RS23083371
4
Beds
3
Baths
0
½ Baths
0.13
Acres
1,755
SQFT
$0
$/SQFT
1925
Built
Neighborhood:
Los Angeles (90018)
County:
Los Angeles
Area:
Los Angeles (90018)
Property Description
Live in one and rent the other! This property offers a unique opportunity with a separate back unit situated above the garage, spanning approximately 400 sqft. The back unit features a full bathroom, a fully equipped kitchen, a cozy bedroom, and a comfortable living area. Currently, this unit generates a solid income of $3,000 per month with consistently low vacancy rates through Airbnb. The front unit, a charming Craftsman bungalow, boasts three bedrooms and two bathrooms. It underwent significant updates in 2018, resulting in a modern and stylish interior. Its authentic appeal is captured beautifully in the provided picture. Whether you choose to reside in the back unit and lease the front, or vice versa, the flexible layout of this property allows for versatile living arrangements. Both units are tastefully furnished and listed on Airbnb on a monthly basis, providing an additional stream of income. The property's electrical, plumbing, HVAC system, and water heater have been recently updated, ensuring a comfortable living environment. Furthermore, a new roof was installed in 2019, offering peace of mind to the new owner. Conveniently located, this property provides easy access to the 10 Freeway, Expo Line, Culver City, Downtown Los Angeles, and nearby beaches. You'll have the opportunity to embrace the charm of the West Adams/Jefferson Park neighborhood, witness ongoing development along Crenshaw, and be in close proximity to USC/Expo Park. The central location presents endless possibilities for entertainment, work, and leisure. Whether you're seeking a property where the Live in one and rent the other! This property offers a unique opportunity with a separate back unit situated above the garage, spanning approximately 400 sqft. The back unit features a full bathroom, a fully equipped kitchen, a cozy bedroom, and a comfortable living area. Currently, this unit generates a solid income of $3,000 per month with consistently low vacancy rates through Airbnb. The front unit, a charming Craftsman bungalow, boasts three bedrooms and two bathrooms. It underwent significant updates in 2018, resulting in a modern and stylish interior. Its authentic appeal is captured beautifully in the provided picture. Whether you choose to reside in the back unit and lease the front, or vice versa, the flexible layout of this property allows for versatile living arrangements. Both units are tastefully furnished and listed on Airbnb on a monthly basis, providing an additional stream of income. The property's electrical, plumbing, HVAC system, and water heater have been recently updated, ensuring a comfortable living environment. Furthermore, a new roof was installed in 2019, offering peace of mind to the new owner. Conveniently located, this property provides easy access to the 10 Freeway, Expo Line, Culver City, Downtown Los Angeles, and nearby beaches. You'll have the opportunity to embrace the charm of the West Adams/Jefferson Park neighborhood, witness ongoing development along Crenshaw, and be in close proximity to USC/Expo Park. The central location presents endless possibilities for entertainment, work, and leisure. Whether you're seeking a property where the back unit's rental income covers your mortgage payment or a home where you can enjoy the entire space with your family, this property offers the perfect solution. Don't miss out on this amazing opportunity!
Exterior Features

Entry Level Unit 1 Fencing Wood Lot Size 4000-7499 SF Parking Garage Description Garage Door Opener Parking Non Garage Description Carport Parking Spaces Total 1 Pool N/K Residential Styles Detached Residential Unit Location No Common Walls Roof Shingle Site Sidewalks Spa N/K View N/K

Interior Features

Bath Totals 3 Bedrooms Total 4 Cooling Central Forced Air Equipment Available DishwasherDisposalRefrigeratorFreezerGas OvenGas StoveGas Range Fireplace N/K Floor Coverings Wood Heat Equipment Forced Air Unit Interior Features Furnished Laundry Location Inside Searchable Rooms KitchenLaundry Stories 1 Story

Property Features

Architectural Style Contemporary Assessments N/K Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Home Owners Fees 0.0 Sales Restrictions Standard Sewer Septic Public Sewer Terms CashConventionalFHAVA Utilities None Water Public Zoning LAR1

San Diego MLS logo Listing provided courtesy of Lance Kim of Paradise Realty: . Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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1395 Caminito Gabaldon Unit F
San Diego CA, 92108